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NACCO Industries Inc Declares Quarterly Dividend And Announces Stock Repurchase Program


Tuesday, 12 Nov 2013 04:32pm EST 

NACCO Industries Inc announced that it has declared a regular quarterly cash dividend of $0.25 per share and announced a new stock repurchase program. The dividend is payable on both the Class A and Class B Common Stock, and will be paid on December 13, 2013 to stockholders of record at the close of business on November 29, 2013. NACCO's Board of Directors also approved a stock purchase program providing for the purchase of up to $60 million of the Company's outstanding Class A Common Stock through December 31, 2015. NACCO's current program would have expired on December 31, 2013 but has been terminated and replaced by the new program. Since the adoption of the prior program in November 2011, the Company has expended approximately $35.6 million to purchase approximately 624,000 shares of Class A common stock. 

Company Quote

54.52
-0.27 -0.49%
20 Aug 2014